needs to know her children have a safe place to call home.
People with limited incomes partner with Habitat to build a decent, affordable place to call home. As a Habitat homeowner, you’ll not only buy a home, but you'll gain the stability and security that comes with it and a strong foundation for generations to come. Applicants are evaluated based on four main criteria:
Living in substandard housing
Living in overcrowded housing
Paying more than 30% of gross income in rent
Living in temporary, subsidized, or public housing
Ability to Pay:
Must be able to afford monthly mortgage payments
Debt-to-income ratio has to be lower than 13%
Stable income of at least $40,000 a year but less than 80% of the AMI based on family size.
Willingness to Partner:
Complete a set number of “ sweat equity” hours
Provide necessary documentation
Attend Homebuyer Education classes
Applicants must reside in our service area: Matthews, Mint Hill, or Stallings
questions & answers
how do I get a house?
Greater Matthews Habitat for Humanity does not give away homes. We provide a hand up, not a handout. You will be purchasing your home, and we work with you to make sure you have an affordable housing cost after purchasing the home. Each applicant must agree to partner with us in the program, which includes providing all documentation needed as well as attending homebuyer education classes and completing sweat equity requirements.
are habitat homes free?
No, Habitat homeowners purchase their home, and pay an affordable mortgage.
when will you accept applications again?
Our application period for our upcoming home will take place from September 19th-23rd.
what do you mean by "family"?
Greater Matthews Habitat for Humanity understands that there are many types of families, and all are welcome to apply to our program. You determine who your family is. Just a few examples of family are: an individual applying alone, a married couple with children, a single parent, a non-married couple, or a family that includes aunts, uncles, or parents. Unless there are circumstances outside of your control, you must have lived with all the household members shown on your application for at least 6 months.
how much does a habitat mortgage cost?
Your mortgage payment (including principal, interest, taxes, and insurance) will be no more than 30% of your gross monthly income. This helps to ensure that you are able to continue making payments on your home while having enough remaining income to provide a healthy, stable life for you and your family.
why is there a minimum income requirement?
Due to rising home costs, we want to ensure our homeowners are able to afford their homes long-term. In order to qualify for our program, applicants must have a minimum and consistent income of $40,000. We’ve determined this income sets future homeowners up for success in affording the full market value of the homes that Greater Matthews Habitat builds, and insulates them from rising property taxes and cost of living.
what is included in the 13% debt-to-income ratio?
Any debt that appears on a credit report is included when calculating your debt-to-income ratio and is based on your monthly payments owed to your monthly income.
what if I have student loans?
Your debt-to-income ratio is calculated using your monthly payment, not your entire student loan balance. Deferred student loans will be included, using a monthly payment of .005 percent of the balance.
what if I have credit card debt?
Your debt-to-income ratio is calculated using your minimum monthly payment, not your entire balance owed.
what if I have medical debt?
Medical debt under $10,000 is not included in your debt-to-income calculation.
what if I have debts in collection?
Any non-medical collection accounts cannot exceed $1,200 and must be paid in full before closing.
why do you pull my credit?
Your credit report gives us a good indication of whether you have the ability to afford a mortgage payment on top of your existing financial responsibilities. We are looking for a history of consistent, on-time payments of your existing bills. We are also looking to make sure there are no major issues, such as a history of late payments, open collections, or open bankruptcies.
can I qualify for a mortgage with disability or SSI benefits ?
We will accept benefit statements and award letters for SSI and disability, as well as proof of payment for a pension plan as proof of income.
do I have to be a US citizen?
All applicant(s) whose name will be on the title must show proof of legal U.S. residency and at least one applicant must show proof of permanent legal U.S. residency.
Habitat will verify applicant(s) status of legal residency by obtaining a copy of one of the following:
U.S. Birth Certificate
U.S. Naturalization Certificate
Permanent U.S. Resident Card/Green Card
Legal Asylum (with application made for permanent legal residency)
what are sweat equity hours and how many do I have to do?
Sweat Equity is the work a future Habitat homeowner devotes helping to build his/her own home as well as the homes of other future homeowners.
It is a central principle in Habitat’s mission of building community and partnering with families to provide “a hand up, not a handout.” Providing the opportunity for our future homeowners to work alongside volunteers and future neighbors to build their homes is one of the most unique, empowering and rewarding aspects of Habitat for Humanity. GMHFH homeowners must complete 250 hours of sweat equity to qualify for a home.
can I sell my home?
Greater Matthews Habitat for Humanity sells homes to people who are looking for long-term ownership, but you may sell your home. Most of our partners continue to live in their homes for long periods of time. To help make sure that we are selling to households that need a home to live in and not investors, our partners sign long-term resale restriction agreements. Please call us for more details.
can I rent my home to other people?
No, Greater Matthews Habitat for Humanity homes must be owner-occupied and cannot be rented out. GMHFH homeowners found to be in violation of this policy run the risk of losing their home.
does Habitat for Humanity provide emergency housing assistance or rental assistance?
No, but we can refer you to other programs that may be able to assist you.
what if I have more questions?
Please reach out to our Homeowner Services Manager, Jeffrey Elam via email or at 704.847.4266 ext. 108.
Together, everything is possible.